Property score
78.4
Good
Overall 78.4 · Newer than most nearby homes
1,372 sqft (top 46%) · Built in 2019 (20 yrs newer than avg)
Located in a high-income area with median household income of ~108k
Transit 92.0 · 3-min walk to transit with 6 nearby routes · Within 500m: 4 parks, and 1 place of worship nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Above average
20 yrs newer than neighborhood avg.
Mother tongue
Punjabi · 48%English · 24%
Past 10 years Inkster Gardens sales snapshot (~80% of all data)
540
447.1k
$350/sqft
1999
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78.4 is composed by the two sections below.
Property Score
Community Score
Inkster Gardens
How to read: Share of sales in each ~$50k price band for “inkster gardens” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111119
$108K
Median household income
$118K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
8%
Single-person households
41%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
203 Prairie Spring Bay — 5 amenities found within 500 m, across 2 categories, including 4 parks (nearest 219 m).
Inkster Gardens · WPS public data · 2026
Annual incidents
4
2026
vs. city avg
-86%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Property
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 24% | Top 7% | Top 6% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 47% | Top 32% | Top 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 203 Prairie Spring Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained, one-storey home in Inkster Gardens is a modern property built in 2019, offering move-in-ready comfort. Its key appeal lies in its balance of being newer construction within a more established neighbourhood. With 1,372 sqft of living space and a renovated basement, it provides practical, single-level living. The attached garage and a land size just under 5,000 sqft are solid suburban features.
The home’s standout characteristic is its relative newness. It ranks among the newest homes not just on its street, but in the entire Inkster Gardens area, which means less immediate worry about major system replacements. Its assessed value is notably above average for the neighbourhood and city, suggesting it is viewed as a premium property within its immediate context. This combination suits buyers seeking a modern, low-maintenance home without venturing into a brand-new subdivision. It would particularly appeal to downsizers, small families, or professionals who value a newer build with a finished basement for extra space, all while having mature community amenities nearby.
A less obvious perspective is the lot size. While above average for the street, it is around the city average, indicating a fairly standard suburban yard—manageable for upkeep but not expansive. The data shows the home’s living area is actually below average for its specific street, meaning it sits among larger homes, which can be a positive for perceived value but means the interior space is more modest compared to its direct neighbours.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The home’s assessed value of $550k is significantly above the average for both Inkster Gardens and Winnipeg overall, positioning it in the top 18% and 13% respectively. This indicates it is considered a higher-value property within its market.
2. What does the sale history tell us?
It sold previously in July 2021 for an estimated $60.5k–$63.5k and in April 2019 for $40.5k–$43.5k. The substantial increase between those sales aligns with the home being newly built. For the exact sold prices, you can request the information via email from the listing source.
3. Is the home unusually new for this neighbourhood?
Yes. Built in 2019, it ranks in the top 1% of homes by age in Inkster Gardens, making it one of the newest properties available in this established area.
4. What is the living space like compared to nearby homes?
At 1,372 sqft, the living area is actually below the average for homes on Prairie Spring Bay itself. However, it is very close to the city-wide average, offering a comfortable, standard amount of space.
5. Who might this property not suit?
Buyers looking for a very large interior or an exceptionally large yard may find it modest. Given its single-storey design and premium assessment for the area, it may also be less appealing to investors or buyers seeking a "fixer-upper" or a bargain-priced entry point into the neighbourhood.
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